Haldex has announced the launch of a new vision for the company: “Driving Innovation for a Safer and Greener Worldm,” along with a renewed strategy for 2025.
“With the new vision, we show that Haldex is driving innovation within braking systems, actively moving ahead of the industry. Our solutions are safer in terms of braking stability, and greener in terms of energy efficiency. Through strategic partnerships, we challenge existing technology, while remaining an independent partner in the value chain,” said Jean-Luc Desire, president and CEO.
In connection with the strategic review, the Haldex board of directors has decided to update its financial growth target to organically grow faster than the company’s end markets. The previous growth target was to organically grow in line with or faster than the company’s end markets.
The remaining financial targets remain unchanged from those updated earlier this year, namely:
- Profitability target: Achieve a sustainable operating margin above 10 percent.
- Capital structure: A net debt/equity ratio of less than 1.5 (incl. IFRS 16).
- Dividend policy: The dividend shall correspond to 1/3 of the annual net profit taking into account the company’s long-term investment needs and financial position.
Haldex will present the strategy for 2025 and how the goals will be achieved at its Capital Markets Day held in Stockholm, Sweden. The purpose of the Capital Markets Day is to outline Haldex’s long-term strategy and to provide an overview of the financial position and sustainability initiatives. Presentations will be held by Jean-Luc Desire, President and CEO, Lottie Saks, CFO, and Nicola Gregory, EVP Operations.
The Capital Markets Day will also be streamed live, and a recording will be available after the event on the Haldex website. Link to the webcast: https://tv.streamfabriken.com/haldex-cmd-2021
